Musk’s pie is not fragrant enough: Tesla’s market value evaporated by more than 470 billion overnight

On October 12, it was reported that Musk spent more than 20 minutes yesterday drawing several big cakes, but at present, neither investors nor consumers are buying it.

, On October 11, local time, the three major U.S. stock indexes continued their slight upward trend in recent days.

The Dow and the S & P 500 index continued to hit record highs.

Large technology stocks were mixed, among which Tesla fell more than 8%.

The total market value evaporated by nearly US$67 billion in a single day, equivalent to more than 470 billion yuan.

On the news front, Tesla held a “Robotaxi Day” event in California, but the press conference disappointed investors and drove the company’s share price to weaken.

It is reported that at the press conference, Musk introduced the prototype “Cybercab” of the robot taxi, the driverless bus “Robovan” and the new generation Optimus robot.

The atmosphere at the scene was quite high.

However, Musk did not provide details on the technical behind driverless taxis, nor did he specifically discuss the future commercialization path of autonomous vehicles.

Wall Street’s long-awaited low-cost model, the Model 2, had not been unveiled before.

In addition, Musk is very good at drawing cakes.

Previous commitments in this regard have disappointed the market many times.

For example, in 2019, he predicted that there would be 1 million self-driving taxis on the road by 2020.

Of course, this has not been realized.

After many times, trust will naturally be worn away.

(Falling wood), return to the first electric network home page>,.

Link to this article: https://evcnd.com/musks-pie-is-not-fragrant-enough-teslas-market-value-evaporated-by-more-than-470-billion-overnight/

Like (0)
evchinaevchina
Previous October 12, 2024
Next October 12, 2024

Related Suggestion